Ann: Disclosure regarding Variation Letter (2018), page-23

@Weisman I trust in the ISX management. I truly believe that there has been nothing illegal done here - perhaps a minor disclosure. Don't judge ISX by the volume of posters crying foul or by the number of the accusations but go through them one by one and determine guilt or innocence based on facts. The number of the accusations has been withered down to virtually one, milestone shares, in the 42 page " final reasons" report and that one can be logically explained.

I do not believe that ISX has any intention of listing on the NSX. It is not the ISX listing that will make the NSX a competitive force but the platform that ClearPay will provide. The integrations ISX carried out in 2018 have given ISX the knowledge to build and integrate complex businesses and platforms together with ClearPay, ISXPay and Paydentity and a trading platform such as the NASDAQ platform for the NSX and other trading platforms - perhaps even CHI-X. And then we will have a genuinely competitive financial equities environment in Australia. Competition is good.

This is going to happen whether ISX delists, is delisted or not. Our shares in the company exist no matter what. It is just a matter of time before we see a real return. And what better time for all of this to happen - right in the middle of COVID19 when all shares have lost value. It is going to be a long road back for everyone. We can expect it to be no different for us.

I will be listening to ISX management when I decide what to do.